Sk Jain

Not just training: What RBI, public banks need to do to curb bribery, employee attrition

Officials at our public sector banks are no less competent than their counterparts in private or foreign banks. The key differences relate to pay and accountability.

Bad loans crisis: How Vinod Rai proves Raghuram Rajan wrong

Rai's warning must be taken with the much needed importance by the regulator, so as to begin a corrective course

Manmohan insisted KG D6 CAG audit shouldn't hurt private sector, says Vinod Rai's book

Elaborating on the matter, which had snowballed into a major controversy with CAG accusing RIL of not being given access to books of accounts required for this audit, Rai said during one of his meetings Singh "felt that audit should not act as a dampener on the enthusiasm of the private sector to partner with the government".

Syndicate Bank bribery case: Court extends Jain's judicial custody till 24 Sept

Besides Jain and Singal, CBI had arrested CMD of Prakash Industries Ltd, Ved Prakash Agarwal, its director Vipul Agarwal, Arun Aggarwal, who is alleged to be Chief Financial Officer of Bhushan Power and Steel Ltd, and six others in the case.<br />

Coal scam verdict: Beginning of the end for Bhushan Steel, Prakash Industries?

For Bhushan and Prakash, seeking loans to cover up their cost overruns is unthinkable

Syndicate Bank scam: Criminality a major reason for current bad debt pile of lenders

The element of criminality in a banking transaction ultimately hits the banks, which are guardians of tax payers' money

Beleagured Bhushan Steel to seek nod to raise Rs 6,000 cr via securities

Bhushan Steel has said it will seek shareholders' approval to raise funds through a securities issue.

Lesson from Bhushan Steel: Don't trust the numbers, look at corporate governance

The fall in the share price of Bhushan Steel is not driven by what the market defines as the fundamentals of the stock, but is purely due to the absence of corporate governance.

3 directors on board, forensic audit: How banks plan to monitor Bhushan Steel

The Central Bureau of Investigation (CBI), India's top crime fighting agency, this month detained Bhushan Steel's managing director over allegations of offering to bribe a senior executive at the Syndicate Bank Ltd in exchange for loans.

Syndicate Bank scam: CBI arrests Bhushan Steel MD Neeraj Singh

On August 2, CBI had arrested six accused, including the Chairman-cum-Managing Director of Syndicate Bank S K Jain, for allegedly taking bribe of Rs 50 lakh for increasing credit limit of some companies in violation of banking rules. <br />